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Author Archives:
The Canadian Press
Anand says the 'timeline' is up for debate as NATO pursues higher defence spending
Canada is committed to increasing its defence spending but has questions about the "timeline" for hitting a new, higher NATO spending target, Foreign Affairs Minister Anita Anand said Tuesday, as alli...
The Canadian Press
Jun 24, 2025
Prime Minister Mark Carney, centre, is flanked by Canadian Minister of Foreign Affairs Anita Anand, left, and Minister of National Defence David McGuinty, right, as they wait for the start of a plenary at the Canada EU Summit in Brussels, Belgium on Monday, June 23, 2025. THE CANADIAN PRESS/Sean Kilpatrick
Oil prices tumble, and Wall Street nears its record in a worldwide rally for stocks
NEW YORK (AP) - Oil prices are dropping further, and U.S. stocks are pulling closer to their all-time high Tuesday on hopes that Israel's war with Iran will not damage the global flow of crude, even i...
The Canadian Press
Jun 24, 2025
Specialist Dilip Patel, left, and trader Robert Charmak work on the floor of the New York Stock Exchange, Monday, June 23, 2025. (AP Photo/Richard Drew)
Inflation holds steady at 1.7% in May as rent hikes cool
The annual pace of inflation held steady at 1.7 per cent in May as cooling shelter costs helped tame price pressures, Statistics Canada said Tuesday. Shelter costs rose three per cent in May, StatCan ...
The Canadian Press
Jun 24, 2025
A rental sign is seen outside a building in Ottawa, Thursday, April 30, 2020. THE CANADIAN PRESS/Adrian Wyld
Trump says Israel-Iran ceasefire 'is in effect' and Israeli planes won't attack anymore
WASHINGTON (AP) - President Donald Trump said Israel and Iran violated ceasefire terms by carrying out attacks against each other after an early Tuesday deadline to stop hostilities but Israel was goi...
The Canadian Press
Jun 24, 2025
President Donald Trump speaks with reporters before boarding Marine One on the South Lawn of the White House, Tuesday, June 24, 2025, in Washington. (AP Photo/Evan Vucci)
Trump claims US military struck 3 sites in Iran, joining Israeli effort
President Donald Trump says the U.S. military struck three sites in Iran, directly joining Israel 's effort to decapitate the country's nuclear program in a risky gambit to weaken a longtime foe amid ...
The Canadian Press
Jun 21, 2025
Canada announces measures to retaliate against U.S. steel, aluminum tariffs
Canada is taking steps to protect the steel and aluminum industries with new counter-tariffs and protectionist policies, Prime Minister Mark Carney said Thursday. At a press conference, Carney pointed...
The Canadian Press
Jun 19, 2025
Prime Minister Mark Carney attends the closing news conference at the G7 Summit in Kananaskis, Alta., Tuesday, June 17, 2025. THE CANADIAN PRESS/Adrian Wyld
Ottawa shows no signs of limiting MAID after UN panel calls for reversal
Ottawa is giving no sign that it intends to amend existing legislation on medical assistance in dying - something a UN committee called for earlier this spring. The federal minister responsible for di...
The Canadian Press
Jun 19, 2025
Minister of Jobs and Families Patty Hajdu responds to a question during question period in the House of Commons on Parliament Hill in Ottawa on Monday, June 9, 2025. THE CANADIAN PRESS/Sean Kilpatrick
Ottawa's budgetary watchdog says it's in the dark on Ottawa's fiscal targets
The parliamentary budget officer says he can't properly assess whether the federal government is on track to meet its fiscal targets because the Liberals' new budget benchmarks haven't been defined. W...
The Canadian Press
Jun 19, 2025
Prime Minister Mark Carney responds to a question during question period in the House of Commons to Parliament Hill in Ottawa on Wednesday, June 11, 2025. THE CANADIAN PRESS/Sean Kilpatrick
Finland votes to leave land mine treaty as Nordic country boosts defenses against Russia
Finland's parliament voted overwhelmingly to pull out of a major international treaty on antipersonnel land mines Thursday as the Nordic country seeks to boost its defenses against an increasingly ass...
The Canadian Press
Jun 19, 2025
A notice warning about land mines is attached to a tree as a Ukrainian specialized team searches for mines in a field in the outskirts of Kyiv, Ukraine, Thursday, June 9, 2022. (AP Photo/Natacha Pisarenko)
Watchdog recommends up to 100% foreign airline ownership amid low competition
Canada should allow 100 per cent foreign ownership of domestic-only airlines, the Competition Bureau says in a new report highlighting the country's "highly concentrated" aviation industry. In a marke...
The Canadian Press
Jun 19, 2025
An Air Canada flight taxis to a runway as a WestJet flight takes off at Vancouver International Airport, in Richmond, B.C., on Friday, March 20, 2020. THE CANADIAN PRESS/Darryl Dyck
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